A man borrows some amount at the rate of 12% per annum at simple inter – McqOptions

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1.	A man borrows some amount at the rate of 12% per annum at simple interest. After 6 years 8 months, he paid 720 as an interest. Find the amount borrowed by him.
A.	920
B.	1620
C.	900
D.	960
Answer» D. 960

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